Cuiken Inn Penicuik
Cuiken Inn Penicuik
28, Edinburgh Road, Penicuik, EH26 8NW Pub Code: 0080080101
Pub Code: 0080080101
Foundation TenancyEst. Annual Turnover: £315,365
Annual Rent: £19,608
Make your mark with the newly refurbished Pentland Inn. What would you do with this pub to make it a success?
The area
The Pentland Inn is in the town of Penicuik, located on the busy main road, opposite a large Tesco supermarket, the Pentland Inn provides a great opportunity to operate a newly refurbished community pub.
Demographics
The pub benefits from being one of five pubs found in an area of around 5,000 adults. The local demographics present a strong opportunity to build a loyal customer base and drive regular visits.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a strong drinks offer. What drinks would you look to implement in the pub?
The site has the ability to drive trade via a great value offer with live entertainment, live sports and selection of pub games, such as pool, and darts. It offers a selection of popular beers, ciders, wines and spirits, and coffees.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with customers
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Trading Area & Facilities
- Main trading area with bar
- 65 internal covers
- HEINEKEN SmartDispense
- Private accommodation
Private Accommodation
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.
Indicative entry costs
£17,902
**Deposit build up from 1 month rent
**Rented fixtures & fittings deal available
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
28, Edinburgh Road, Penicuik, EH26 8NW
Selected pub
Other pubs
To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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